Tax Policy Center

BEPS

Business Taxes: TaxVox
Call it the perils of one-off corporate tax settlements. While the developed world is trying—with limited success-- to figure out how to tax multinational corporations, individual countries are making their own deals to collect back taxes with those firms. It is not a pretty sight. Last week, the
February 1, 2016Howard Gleckman
: TaxVox
Be careful what you wish for. Businesses have backed an overhaul of the US tax code for quite some time, but their tune changes when it comes to corporate tax reform in other countries. The Base Erosion and Profit Shifting project, or BEPS, is an effort by the Organization for Economic Cooperation
May 14, 2015Renu Zaretsky
: TaxVox
Congress blows yet another budget deadline . After missing its chance to approve a spending bill to keep the government running after Thursday, Congress is now planning to vote this week on a very short-term continuing resolution —one good for just a few days. The measure is designed to keep the
December 10, 2014Renu Zaretsky
: TaxVox
Will the EPA’s proposal to curb greenhouse gas emissions allow state-based carbon taxes? The new regulations would give states broad flexibility to require power plants to meet tough emissions standards, including creating new cap-and-trade systems. But the 645-page proposal never uses the word “
June 3, 2014Renu Zaretsky